Index Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
S&P GSCI ZINC INDEX SPOT (CME:SPGSIZ)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPGSIZ
The long term trend has been DOWN since Dec 18th, 2018 at 180.3432
The intermediate term trend has been UP since Jan 17th, 2019 at 200.3463
The short term trend has been UP since Feb 19th, 2019 at 210.3873
Smart Scan Analysis for SPGSIZ
Based on a pre-defined weighted trend formula for chart analysis, SPGSIZ scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||283.2727||52wk High Date||2018-02-15|
|52wk Low||180.0282||52wk Low Date||2018-08-15|